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monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for the financial industry when it comes to the home market. people worked all their lives to provide a home and held for ways to get it paid off before they retire. this is the one area that the government needs to regulate and regulate closely and i am glad we're finally doing that. now, of course, we have drawn a line in the sand that we can hopefully reclaim. can we hope that it will ever change back to what we thought we had been through? guest: an excellent question. another one to add to that is -- will the regulators have the appetite to regulate this closely? making sure that banks are abi
monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for...
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Jan 18, 2013
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the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between no
the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three...
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type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked about in his fair well address 52 years ago this week. from our twitter page there is this from one of our viewers -- rick is joining us from maryland democrats line. good morning. caller: good morning. i think the government should be a part of our life, because without the government all these millionair
type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across...
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they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> neil: i think this is what they call a hybrid to hell. you bought the gas saver to ease your pai
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of...
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Jan 14, 2013
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was too polite to say. he said during the campaign committee has every right to put those examples on because when that happened many people took exception to it. it was more than a dog whistle comments were anyone knew what to deny that happened is to make his case for him. lou: so if you argue as to menu just proved the case for him, and therefore all the damfool would argue about an objective standard of truth to what the value or racists confirms. that's pretty complicated and we that's pretty complicated and we thank you for sharin this is $100,000. that's pretty complicated and we thank you for sharin we asked total s
and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was...
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Jan 15, 2013
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tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators, all of these talking about cutting entitlements the social security and i'm 85 years old. i started paying in when i was 15 years old working on the power line in west virginia. that is my home state. it is so corrupt, social security. they need to get these doctors and lawyers off and encourage people to go one social security and disability. host: on twitter. james in new york, republican. caller: hello. presently i'm still waiting for insurance, which i pay a premium on, from 7sandy. fema is out of money and i think they will vote this morning to do ad to the people who'd pre
tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators,...
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Jan 18, 2013
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
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i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the middle class, and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 20112 is the fact that we have already made $1.2 trillion in cuts, and at the time i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. i said at the time i think we should pair it up with revenue in order to have an overall balanced package, but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made, and we've made
i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was...
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obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. >> joining me now is susan page, washington bureau chief for "usa today" and ron fournier, national correspondent and editorial director for the "national journal." good morning. >> good morning. >> morning. >> so the president's children, doesn't matter, republican, democrat, are generally considered off-limits. ron, what do you make of this nra ad? >> they really blew it. this is an organization that has a lot of power and a lot of credibility and has a legitimate purpose in our society to protect the second amendment but why would you put out an ad like that that is false? the president is not opposed to security in the schools. he does not -- in fact, we have a lot of schools in this country that already have security. he just doesn't think that arming guards in schools is the only answer to cracking down on school shooting. it's just a cringe-worthy exploitive ad that undermines the nra, undermines the cause and frankly, if you are a second a
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. >> joining me now is susan page, washington bureau chief for "usa today" and ron fournier, national correspondent and editorial director for the "national journal." good morning. >> good morning. >> morning. >> so the president's children, doesn't matter, republican, democrat, are generally considered off-limits....
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higher taxes on households making above $450,000 and other tax increases will raise an additional $600 billion in revenue by 2022. but that's not enough. and as democrats and republicans gear up over the next few months to debate spending cuts, debt limits and the federal budget, there still is not a credible plan out there that puts a serious dent in the debt. but douglas durst still holds out hope that one day he'll be able to retire his dad's debt clock. >> i'm an optimist. we would have a very big party. >> reporter: alison kosik, cnn, new york. >>> speaking of money, if you're looking for that job that really pays, you probably want to get a college degree or pick up a second degree. that is right. ali velshi and christine romans take a look at the careers and the schools that can help you get ahead. >> thanks. okay. so when christine and i were in college, the idea was to study kind of whatever you -- those were in the days before cable -- study whatever you wanted and the world was your oyster if you got a university degree. if you had to go back and make a choice today about wh
higher taxes on households making above $450,000 and other tax increases will raise an additional $600 billion in revenue by 2022. but that's not enough. and as democrats and republicans gear up over the next few months to debate spending cuts, debt limits and the federal budget, there still is not a credible plan out there that puts a serious dent in the debt. but douglas durst still holds out hope that one day he'll be able to retire his dad's debt clock. >> i'm an optimist. we would...
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tax that is collected? thank you. >> guest: i do not. there is a small portion that still remains over the treasury department, but we believe that the money goes to treasury. atf is still very small, very small portion of the work is involved. >> some stats from the website on fiscal 2011 numbers. they recommended defendant's for prosecution in alcohol and tobacco cases about 213 recommended for prosecution. they seized approximately 42 million in the criminal contraband and alcohol and tobacco products moving across states. let's go back to the phone. mike in houston texas on the independent line. good morning, mike. >> caller: good morning. i had the fortune of mary in a very wise woman so in a way i am the luckiest man in the world, but my wife pointed out no one had a concealed or carried permit has committed a rampage shooting so wouldn't more conceal and carry permits held this problem that we are trying to solve? especially when. no woman has done a mass shooting that i am aware of. >> host: we're t
tax that is collected? thank you. >> guest: i do not. there is a small portion that still remains over the treasury department, but we believe that the money goes to treasury. atf is still very small, very small portion of the work is involved. >> some stats from the website on fiscal 2011 numbers. they recommended defendant's for prosecution in alcohol and tobacco cases about 213 recommended for prosecution. they seized approximately 42 million in the criminal contraband and...
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and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the discretionary spending that they would have to cut under these circumstances. so there wouldn't ever be, many republicans insist they wouldn't ever be a realistic prospect of default in this. and that is why the president uses the word "obligations," instead of the word debt because they may just agree with them that there wouldn't actually be a debt default. >> it is unclear, we literally don't know what would happen because it never happened bef e before. so a legal authority is not all obvious. so there is a question, for the treasury department, to decide if we pay off the b
and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the...
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obama demands the wealthy pay their fair share of taxes but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> bill: now unless i didn't hear it correctly, there were three times there where he's talking about the president's kids. >> sure. as anyone who follows politics knows, that is an area that's really considered off-limits when you're talking about children of the president. so whether to make a point -- i understand this is a debate about children but i think most of the observers looking at david keen said this is not about the children. it is about the arguments that -- >> bill: he would only say that if he were getting a lot of flack because of it. he must be getting some flack even from nra supporters who said drop that ad. enough is enough. >> it is important to bear in mind it is a web-only ad. it was more put throughout to stir this kind of debate about the gun issue rather than actually focusing in on the president's proposal. >> bill: let's get to the political viability of the presi
obama demands the wealthy pay their fair share of taxes but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> bill: now unless i didn't hear it correctly, there were three times there where he's talking about the president's kids. >> sure. as anyone who follows politics knows, that is an area that's really considered off-limits when you're talking about children of the president. so whether to...
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obama demands the wealthy pay their fair share of taxes, but it's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun-free zones for ours. >> sean: and as you can imagine, the white house was up in arms that the n.r.a. mentioned the president's children in the ad, but ironically, obama didn't mind exploiting other people's kids during today's press conference. join me now with reaction, fox news contributors monica crowley and lessy marshal. wait a minute, so you didn't mention his kids, but we'll use these other kids as props and exploit them in the background here, a little hypocritical? >> not at all. >> no? >> you know i'm the mom of two kids, four and five. nobody can exploit my children except me, so, if you think anybody exploited them, and i don't think they he were exploited, it's the parents. the parents agreed, the kids sent the president a letter and sean, this is about the kids, i'm not going to start singing whitney houston "the children of our future", i promise. >> sean: and i take your point and i think generall
obama demands the wealthy pay their fair share of taxes, but it's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun-free zones for ours. >> sean: and as you can imagine, the white house was up in arms that the n.r.a. mentioned the president's children in the ad, but ironically, obama didn't mind exploiting other people's kids during today's press conference. join me now with reaction, fox news contributors monica crowley and lessy...
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to work hard and raise children and pay taxes without having a vote in congress. director katherine bigelow's film zero dark 30 glorifies torture. she said she is a pacifist and supports protests against torture, but writes i do wonder if some of the sentiment expressed about the film might be more appropriately directed as those who institute and ordered these u.s. policies as opposed to a motion picture that brings the story to the screen. those are things we thought you should know. time now for the gut check. the president called for sweeping new legislation to curb gun violence and ask lawmakers to take the next step. >> to make a real and lasting dnchs, congress too must act and act soon. >> i'm calling to ask proposals right away. >> what does your gut tell you? will republicans give any support to the president's proposa proposals? go to facebook.com/"news nation" and we will have the results tomorrow. that does it for this erkz additi edition of "news nation." the cycle is up next. [ male announcer ] at scottrade, you won't just find us online, you'll als
to work hard and raise children and pay taxes without having a vote in congress. director katherine bigelow's film zero dark 30 glorifies torture. she said she is a pacifist and supports protests against torture, but writes i do wonder if some of the sentiment expressed about the film might be more appropriately directed as those who institute and ordered these u.s. policies as opposed to a motion picture that brings the story to the screen. those are things we thought you should know. time now...
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their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being hre. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when it gets even better. good night from new york. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau egalzoom helps you get personalized and affordable legal protection. in most states, a legal plan at
their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being hre. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when...
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we pay taxes and don't get a vote for it. we don't get anything for it. didn't we once fight a revolution? >> we should have a revolution. >> conservatives say they think the license plates should say i don't want taxes at all. i think that's interesting because that seems to be the ultimately sort of anti-revolutionary idea. right? >> just pigs. they want everything for nothing. >> that's not the way life works. >> it's nice he puts a license plate on it. it would be nicer if he pushed for statehood for the district. >> right. we were just talking about president clinton and how much money would you spend to spend a day with him? leoe leon ardo decaprio first spent a $100,$000 and they joined forces, a combined $400,000 to spend a day with clinton. no word on what they will be doing. >> havingan restaurants, i think. >> a lawsuit. >> i have to tell you, you it will be a busy day because that man stays on the move. he does four or five a day. >> you have to pay $400,000 but if you are like jessica alba, whoever at the golden globes haul them in a room, cl
we pay taxes and don't get a vote for it. we don't get anything for it. didn't we once fight a revolution? >> we should have a revolution. >> conservatives say they think the license plates should say i don't want taxes at all. i think that's interesting because that seems to be the ultimately sort of anti-revolutionary idea. right? >> just pigs. they want everything for nothing. >> that's not the way life works. >> it's nice he puts a license plate on it. it would...
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the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power player of the week. alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ ... >>. >> chris: up till now she let her husband lead on public life as she has been as private as she can be. but she has decided to help more people by stepping forward. here is our power player of the week. >> it's the point of everyone. >> carol geithner is talking about it. for the last 20 years she has worked as a counselor and now a novelist to help people deal with loss. >> sharing their story,
the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power...
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the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power player of the week. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. a great cup of coffee should be easy as one, two... well, just one. new single serve cafe collections from maxwell house now available for use in the keurig k-cup brewer. always good to the last drop. now available for use in the keurig k-cup brewer. ...so as you can see, geico's custome
the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power...
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the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power player of the week. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't knowt yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>. >> chris: up till now she let her husband lead on public life as she has b
the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power...
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Jan 16, 2013
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they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around the log jam. but i have to tell you the ideology of the republicans is different than the democrats. they don't mind the inequality. or they believe by giving more money to the most well off that it will trickle down and everyone will get better off. yes, america is facing not a problem but a crisis of governing. if we can't overcome it, then we had deteriorate and no longer be a world leader. >> reporter: it's that serious? and just one question. you reported you had prostate cancer. >> yes. reporter: how are you doing? i'm doing well. ask me in 20 years. >> repor
they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around...
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. >>> the gun control debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you don't want to bet your house on the outcome, but i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> this is not your father's nra, but it represents gun manufacturers and less than half of the funding comes from their member, and they make tens of millions of dollars off of the purchases of guns. >> just his overall temperament and is he suited to run a department or big agency or big entity like the pentagon? >> you have questions about his temperament? >> i think -- i think -- i think there are numbers of staffers who are coming forth now just
. >>> the gun control debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you...
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Jan 17, 2013
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, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and jobs. growth is a very conducive factor. turning to china, i would certainly observe that there is continued significant and substantial growth expected out of china. i would observe there has been a rebalancing would then the china -- within the china economy with a focused on consumption rather than exports. i would observe that the currency of china has adjusted. my hope is that these trends we have observed continue into 2013 s and the new chinese leadership. >> thank you. >> how do you see the impact of what is happening in the arab countries on the economy is
, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and...
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the reality is, an agreement that has taxes in, spending cuts, but also the debt ceiling would not be a negotiation. >> and jennifer, what's interesting, i keep hearing from republican leadership. they would love to actually, they don't want, the debt limit is not where they want to have this focus. they want it on the government shutdown, the continuing resolution, but they don't know how to get their members to see it the way they see it. >> that's right. a long time ago in the ages of 2011, they thought that using the debt ceiling was a great idea and got them great leverage. they have climbed up the mountain and rig down the mountain so many times with this president. >> climbed down the mountain. i think it was a -- >> good point. talk about a cliff. but, you're right. they don't really want to play that game. they don't want to be accused of not paying the country's bill, but how do thaw use that leverage in order to finally get to cuts, which the president said will be coming, but never seems to come in their lives. >> back to the white house here, boy, the markets would love t
the reality is, an agreement that has taxes in, spending cuts, but also the debt ceiling would not be a negotiation. >> and jennifer, what's interesting, i keep hearing from republican leadership. they would love to actually, they don't want, the debt limit is not where they want to have this focus. they want it on the government shutdown, the continuing resolution, but they don't know how to get their members to see it the way they see it. >> that's right. a long time ago in the...
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, the taxes one is closed. come down to this: the reason we can't get a deal is, that for each party, each party is trying to get from the negotiations, what they are asked to give up in negotiations, hard to get a deal that way. >> chris: thank you, panel. see you next week. don't forget to check out panel plus where our group picks up with the discussion on our web site, foxnewssunday.com and they'll post the video before noon eastern time and make sure and follow us on twitt twitter @foxnewssunday. up next our power player of the week. ♪ i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. impact wool exports from new zealand, textile production in spain, and the use of medical technology in
, the taxes one is closed. come down to this: the reason we can't get a deal is, that for each party, each party is trying to get from the negotiations, what they are asked to give up in negotiations, hard to get a deal that way. >> chris: thank you, panel. see you next week. don't forget to check out panel plus where our group picks up with the discussion on our web site, foxnewssunday.com and they'll post the video before noon eastern time and make sure and follow us on twitt twitter...
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Jan 17, 2013
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their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being here. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when it gets even better. good night from new york. ♪ with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ rth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? or double miles on every purchase, every day! have g
their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being here. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when...
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Jan 16, 2013
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we did raise a tax on all citizens called the sales tax, a quarter of a cent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what we did. there's no doubt america is overcommitted. wee orcommitted abroad with our several hundred drid military installations. we're overcommitted in our borrowing 40 cents for every dollar. >> reporter: answer me a question about the ideology and the gridlock between republican and democrats? it seems to be parallel to what's going on in the united states' congress at the same time. >> well, in california through the initiative process, the republicans refused to give me even a two-vote in each of the houses to put my tax. not into effect but before the people or judgment had a statewide election. they wouldn't do it. so i had to go to the people directly through the california initiative. they voted by 55%, saying, yes, raise these taxes and help our schools and help our universities. so that was the way to break the log jam. >> reporter: are you saying that's the
we did raise a tax on all citizens called the sales tax, a quarter of a cent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what we did. there's no doubt america is overcommitted. wee orcommitted abroad with our several hundred drid military installations. we're overcommitted in our borrowing 40 cents for every dollar. >> reporter: answer me a question about the ideology and the gridlock between republican and democrats?...
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Jan 15, 2013
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to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes are collected. >> the purchase is accepted opening this possible loophole. advise half a million gallons of jet fuel every day at o'hare airports. most of the fuel transactions are negotiated through united chicago headquarters. it alleges an airline subsidiary opened a small office in sick more. we have video provided by the rta. you get a tax kickback from the town saves a few hundred million. the only reason the fuels had the office in sick more is to create a sham packed for fuel rather than lower tax jurisdiction. in a statement united airlines says it h
to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes...
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Jan 15, 2013
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he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to continue to expand government. he doesn't care about deficits. he's not going to deal on this. >> you know, a couple of times during the news conference, i was interested in this. president obama said to congress, go ahead, give me the power and i'll issue more debt. that's really what he wants. he wants the power to issue unlimited debt so he can have unlimited spending and eventually he's going to get around to unlimited tax hikes. >> well, to be clear, as you know, when we talk about the debt, the president doesn't get to decide, you know, how much we're spending
he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to...
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Jan 19, 2013
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he has made the tax code more progressive. i don't think anybody quite knows what we can do to get those millions of middle class jobs with wage gains that we need. it's a really, really pressing question for this economy. >> when people are living paycheck to paycheck who weren't ten years ago, that still becomes a problem even if you have health care and some of these other things. john, we are in the throes of partisanship in washington. even the president is pointing fingers. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> what breaks that juggernaut? can it get worse than this or -- please tell me this has got to be the bottom. >> every time we've said that it can't possibly get any worse in washington, it magically somehow gets worse in washington. we are in a surreal situation where right now probably the biggest impediment to america's recovery is the u.s. congress. if we have another downgrade, which is
he has made the tax code more progressive. i don't think anybody quite knows what we can do to get those millions of middle class jobs with wage gains that we need. it's a really, really pressing question for this economy. >> when people are living paycheck to paycheck who weren't ten years ago, that still becomes a problem even if you have health care and some of these other things. john, we are in the throes of partisanship in washington. even the president is pointing fingers. >>...
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Jan 16, 2013
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what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its people last year. how is this different? >> well, they go where the money. lots of people have the money. more important, they are targeting small business owners and these are the guys are taking, they have targeted them and that is where the money is. gerri: okay, a lot of people will not be happy to hear that. let's talk about the rest. >> once people get dreaded notice in the mail, typically that is the irs looking for classification and clarification of information. they can come to your office to your account office. >> so i have hav
what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its...
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at the end of the day, it doesn't really change the status of washingtonians who feel they are taxed without being represented in d.c. but symbolically, something that washingtonians were looking for and he's delivering on that, made some people happy yesterday. >> carrie, great to see you. thank you. >> thanks, thomas. >>> as we await the president's announcement on gun control proposals, we asked and you answered, did the nra go too far by focusing on president obama's daughters in a new ad. k.j.l. tweets yes, this new ad is disgusting. you can be a member, want to protect second amendment rights and say no to assault weapons. from patricia, does the nra understand the magnitude of the potus' daughters being a member of the first family and what that entails? from rusty, absolutely. family members should always be off limits. we encourage you to keep the comments coming in to us on twitter or facebook. also, how does the white house now respond to the nra ad? we'll have a live report from the white house next. [ male announcer ] there are only so many foods that make kids happy. an
at the end of the day, it doesn't really change the status of washingtonians who feel they are taxed without being represented in d.c. but symbolically, something that washingtonians were looking for and he's delivering on that, made some people happy yesterday. >> carrie, great to see you. thank you. >> thanks, thomas. >>> as we await the president's announcement on gun control proposals, we asked and you answered, did the nra go too far by focusing on president obama's...
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Jan 15, 2013
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airlines, claiming they are buying its jet fuel 70 miles away to avoid playing close to $300,000 in sales taxes. >>> students at university of vermont should not bring bottled water when they return to campus because the school banned its sale for environmental reasons. they are the largest public university to prohibit bottled water on campus. >>> to wall street, the dow opens at 13,507 after adding 18 yesterday. the s&p and nasdaq are both down. overseas the nikkei gained 77 points but the hang sell fell 31. nas dam and s&p slipped monday thanks to worries apple has gone sour. shares of the tech titan dipped below $500 for the first time in one year after reports the company cut orders for iphone parts due to weak demand. after the bell ben bernanke praised washington's fiscal cliff deal which he said probably would have caused a recession this year but cautioned, quote, we are not out of the woods yet. >>> a troubling new report finds more than one in four workers are dipping into retirement funds to keep up with their current bills. apparently folks in their 40s are most likely to do this.
airlines, claiming they are buying its jet fuel 70 miles away to avoid playing close to $300,000 in sales taxes. >>> students at university of vermont should not bring bottled water when they return to campus because the school banned its sale for environmental reasons. they are the largest public university to prohibit bottled water on campus. >>> to wall street, the dow opens at 13,507 after adding 18 yesterday. the s&p and nasdaq are both down. overseas the nikkei...
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Jan 14, 2013
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 17, 2013
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cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average taxpayer, a w-2, there isn't much pushback. a small business owner has a lot of expenses. the uk the car after dinner wa't your wife? the irs is targeting where the money is. a lot of the expenses are up for grabs. >> they are high income taxpayers, these are the people who are in the crosshairs. foreign transactions would be more likely. is that i? >> is possible, especially for a larger business owner. i think travel entertainment and things like that are expensive. anything that. you know, we define a small-business owner and under a hundred employees. we can be substantial employees. gerri: a lot of businesses us
cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average...
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Jan 18, 2013
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tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real economy. our economy has been hijacked -- we can talk about all the problems, talk endlessly about what i heard yesterday -- i heard about a woman yesterday. we heard about a real woman yesterday from michigan who actually chose to have her leg amputated because she could not afford the antibiotics in terms of taking care of her leg. she had her leg amputated because of money, because of money, because we do not have a health care system. it is a disgrace. the robin hood tax can generate $350 billio
tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real...
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i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight,
i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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Jan 21, 2013
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we are just not going to see a carbon tax, it went down several years ago like a stone. many democrats lost in 2010 because of health square and stimulus and the cap and trade vote. we will not see banning of ammunitions or weaponry. we have hoped there is some kind of conscience us. >>shepard: you think no chance for large capacity magazines? >> the numbers do not exist on republican or democrat. >>shepard: closing the gun show loophole? >> the polls show a change in support. >>shepard: if we stuck with the polls we would have had slavery longer. it is not as if bold politicians do what should be done. >> we have representatives who are up for re-election and they are representing gun owners. this campaign has to move more votes. >>shepard: stay with us. james is along the parade route. how does it look, james? >> fabulous, the president's motorcade just passed by us. he waves from the g.m.-created cadillac limousine and got a big rousing reception from the people who were gathered here in what is known as judiciary square in washington. the people were lined up, i want
we are just not going to see a carbon tax, it went down several years ago like a stone. many democrats lost in 2010 because of health square and stimulus and the cap and trade vote. we will not see banning of ammunitions or weaponry. we have hoped there is some kind of conscience us. >>shepard: you think no chance for large capacity magazines? >> the numbers do not exist on republican or democrat. >>shepard: closing the gun show loophole? >> the polls show a change in...
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ronald reagan raised the debt ceiling when necessary without complaint, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns they're looking at. they're looking at mental health and research, links between violent media. you know, they are looking at more armed school resource officers at schools and providing funding for that. but i think constantly framing it, these are things that just make sense that the majority of americans support. and how can the republicans be so intransigent, not be even willing to discuss or consider any of these measures. >> richard, a month ago we heard the pundits say hand it off to joe biden and you will be involved in a senate committee process and lose all the momentum. well, this president/joe bid
ronald reagan raised the debt ceiling when necessary without complaint, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns...
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Jan 19, 2013
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we have to deal with the jobs and the low-entry wages, and expand the earned tax credit and child tax credit and work incentive will make a difference to many. don't cut early education, but make sure you are breaking through the things that cause dependency, and working hard to say, every child is ready for school and every child has high quality pre-k and kindergarten and if you did that, you could also create new job, but here, we have new race to the top requirement requirements. and poor standards, but we don't have pre-k or kindergarten in 40 states to help children meet those standards. >> i want to underline the parental jobs and wages, but a report says that in no i state can -- no state can an individual working full-time at the minimum wage afford the fair market rent for a two-h bedroom apartment for his or her family. we have created a minimum wage where you cannot have an apartment. >> and you know homelessness is rampant just as hunger is rampant and if it weren't for the safety net, it would be worse. children were the poorest americans before the recession, but since
we have to deal with the jobs and the low-entry wages, and expand the earned tax credit and child tax credit and work incentive will make a difference to many. don't cut early education, but make sure you are breaking through the things that cause dependency, and working hard to say, every child is ready for school and every child has high quality pre-k and kindergarten and if you did that, you could also create new job, but here, we have new race to the top requirement requirements. and poor...